
Core CPI Climbed 2.5% in July, Excluding Food and Fuel
Core inflation strips out food and energy to track the underlying trend. Here is what it measures, how it differs from headline CPI, and why the Federal Reserve tracks a different index entirely.
Lena FischerAnalysis & Opinion

37% Top Tax Bracket Doesn't Apply to All Income
IRS Revenue Procedure 2025-32 sets the 2026 federal income tax brackets, and the mechanism behind them trips up more taxpayers than the numbers themselves.

CEO Exits Fall 26% as Firms Cut Management Layers Instead
Boards are keeping chief executives in place while companies strip out the management tier beneath them, new turnover and workforce data show.

How the Consumer Price Index Turns 80,000 Prices Into One Number
The BLS combines roughly 80,000 monthly price quotes with Consumer Expenditure Survey weights to produce the CPI, which rose 0.1% in July 2026 as core inflation climbed 0.2%.

Federal Law Sets a Five-Year Floor on Gift Card Expiration
A 2009 amendment to the Electronic Fund Transfer Act, enforced through Regulation E, bars most store and prepaid gift cards from expiring in under five years and caps dormancy fees, with carve-outs shoppers rarely see printed on the card.
Consumer Price Dashboard
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